Honeywell International Inc. (NASDAQ:HON) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. trimmed its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 86,186 shares of the conglomerate's stock after selling 3,865 shares during the period. Brown Advisory Inc.'s holdings in Honeywell International were worth $19,469,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baldwin Wealth Partners LLC MA raised its holdings in shares of Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock worth $15,203,000 after purchasing an additional 2,611 shares during the period. World Investment Advisors lifted its position in Honeywell International by 137.7% during the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock valued at $5,057,000 after buying an additional 12,969 shares in the last quarter. Coordinated Financial Services Inc. acquired a new position in Honeywell International during the fourth quarter valued at approximately $361,000. Costello Asset Management INC purchased a new stake in Honeywell International during the fourth quarter worth approximately $3,092,000. Finally, Schroder Investment Management Group raised its stake in shares of Honeywell International by 12.7% in the 4th quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock valued at $20,235,000 after acquiring an additional 10,092 shares during the period. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Stock Performance

HON traded down $1.51 during trading hours on Friday, hitting $213.03. 2,393,982 shares of the stock were exchanged, compared to its average volume of 3,745,819. The stock has a market cap of $136.91 billion, a price-to-earnings ratio of 24.46, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The stock has a 50-day simple moving average of $205.26 and a 200-day simple moving average of $215.33. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.30. The firm had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Honeywell International's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.25 earnings per share. Analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 2.12%. Honeywell International's dividend payout ratio is presently 51.95%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HON. Royal Bank of Canada increased their price target on Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a report on Wednesday, April 30th. Wells Fargo & Company raised their target price on Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. decreased their price target on Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Barclays dropped their price objective on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Finally, Citigroup decreased their target price on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Nine investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Honeywell International currently has an average rating of "Moderate Buy" and an average target price of $242.23.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the transaction, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.41% of the company's stock.

About Honeywell International

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.